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TEXT: President Patil's last address to Parliament

 President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speechHonourable Members I welcome you to this......

Sitharaman urges banks to make loans affordable

 Union Finance Minister Nirmala Sitharaman on Monday said people are finding current interest rates "very stressful" and urged banks to make them affordable. Finance Minister Nirmala Sitharaman......

Infy arm relies on core banking solution

 Finacle, banking product unit of Infosys, is banking on financial inclusion and adoption of core banking solution by regional rural banks as big growth driver to draw more revenues from domestic......

REVEALED: How RBI Operated During Covid

 200 staffers, consisting of RBI officials and support teams, who are essential to perform critical functions, were isolated at a separate facility in a dedicated quarantined environment near all......

RBI to buy, sell govt bonds worth Rs 10,000 cr on Monday

 Such exercises are done by the central bank when the proceeds from sale of short-term securities are used to buy long-term government securities or bonds in a bid to bring down interest rates on......

RBI says banks mislead investors on bad loans

 The Reserve Bank of India (RBI) has lashed out at banks for attributing their higher bad loans to a fallout of the automated bad loan recognition system, and said the capital market regulator......

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